Volume 20, Number 6 · April 19, 1973
Screwed!
By Leonard Ross, Peter Passell
The Rape of the Taxpayer
by Philip Stern
Random House, 483 pp., $10.00
Tax reform, as George McGovern found out, is about as practical a cause as spelling reform. The income tax has been riddled with exceptions—not loopholes but truckholes, as the economist Joseph Pechman put it—since the day it was born. Every so often Congress feels moved to pass a cynical, regressive 'tax reform' law (the 1969 version has been more appropriately nicknamed the 'Lawyer's and Accountant's Relief Act'). Otherwise nothing happens.
Review, 2054 words
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